HOLDING COMPANY DEPOSITORY RECEIPT - HOLDR
Merrill Lynch created HOLDR, and is traded daily on the American Stock Exchange that lets investors buy and sell a basket of stocks in a certain sector, industry or other classification in a single transaction.
POPULAR TERMS
Naked Trust
This is commonly used by parents or grandparents, where they transfer assets to their beneficiaries like their children or grandchildren. Once the ...
Crossover Refunding
Issuance of new municipal bonds or refunding bonds by a local government in which the proceeds of these bonds are placed in escrow and used to make ...
Low-Down Mortgages
Secured mortgage programs that require a small down payment. It normally require a downpayment from 3%-5% of the property value. But some lenders h ...
Blow-Off Top
Chart pattern describing a steep and rapid rise in a security’s price and trading volume followed by a steep and sudden fall in its price and ...
Coverage Initiated
Instance in which a brokerage or analyst issues his initial rating on a specific stock or sector.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
